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Senior Credit Risk Review Jobs in Chicago, IL (NOW HIRING)

Wintrust Financial

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Perform continuous monitoring of assigned portfolios and quarterly charter reviews. * Work with senior management to regularly update the credit risk oversight policies and procedures. * Ensure ...

Wintrust

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Perform continuous monitoring of assigned portfolios and quarterly charter reviews. * Work with senior management to regularly update the credit risk oversight policies and procedures. * Ensure ...

Wintrust

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Perform continuous monitoring of assigned portfolios and quarterly charter reviews. * Work with senior management to regularly update the credit risk oversight policies and procedures. * Ensure ...

Wintrust

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Perform continuous monitoring of assigned portfolios and quarterly charter reviews. * Work with senior management to regularly update the credit risk oversight policies and procedures. * Ensure ...

Alliant

Principal Credit Risk Analyst

Chicago, IL · On-site

$119K - $204K/yr

Review and monitor credit risk for existing accounts in open-ended lending products such as credit card, HELOCs, etc., and recommend line management strategies. * Support new data acquisition and ...

International Motors, LLC

Senior Credit Analyst

Lisle, IL · On-site

$73K - $110K/yr

Position Overview Navistar Financial Corporation ("NFC") has an exciting opportunity for a Senior ... Ensure compliance with company policies, including risk ratings and credit reviews. * Gather ...

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Showing results 21-40

All JobsCredit Risk Review JobsSenior Credit Risk Review JobsSenior Credit Risk Review Jobs in Chicago, IL

Senior Credit Risk Review information

See Chicago, IL salary details

$23.2K

$121.8K

$216.3K

How much do senior credit risk review jobs pay per year?

As of Aug 23, 2026, the average yearly pay for senior credit risk review in Chicago, IL is $121,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,000.00 and $149,400.00 per year, depending on experience, location, and employer.

What is a senior credit risk review?

A Senior Credit Risk Review is a senior-level professional responsible for evaluating and assessing the credit risk associated with lending activities within a financial institution. They review credit portfolios, analyze loan documentation, and ensure adherence to regulatory and internal risk standards. Their role is crucial in identifying potential weaknesses in credit exposures and recommending improvements to mitigate losses. Typically, they collaborate with risk management teams and provide independent assessments to support sound lending practices.

What are the key skills and qualifications needed to thrive as a senior credit risk review?

To thrive as a Senior Credit Risk Review professional, you need deep expertise in credit analysis, risk assessment, and financial statement review, often supported by a bachelor's or master's degree in finance, accounting, or a related field. Familiarity with risk management systems, credit scoring models, and regulatory compliance tools such as Moody’s Analytics or Bloomberg is typically required. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for this position. These skills and qualities are essential for identifying potential credit risks, ensuring compliance, and maintaining the financial health of an organization.

How does a senior credit risk review typically interact with other departments within a financial institution?

As a Senior Credit Risk Review professional, you will regularly collaborate with teams across lending, underwriting, compliance, and internal audit. Your role involves evaluating credit portfolios, identifying potential risks, and providing recommendations for mitigating those risks, which requires clear communication with front-line business units and management. You'll also participate in cross-departmental meetings to discuss findings and ensure that credit policies align with both regulatory standards and the institution’s risk appetite. This collaborative environment fosters a comprehensive understanding of the organization's overall risk profile and supports proactive risk management.

What are the most commonly searched types of Credit Risk Review jobs in Chicago, IL?

The most popular types of Credit Risk Review jobs in Chicago, IL are:

What are popular job titles related to Senior Credit Risk Review jobs in Chicago, IL?

For Senior Credit Risk Review jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Senior Credit Risk Review jobs in Chicago, IL look for?

The top searched job categories for Senior Credit Risk Review jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Senior Credit Risk Review jobs?

Cities near Chicago, IL with the most Senior Credit Risk Review job openings:

Senior Credit Risk Review jobs near you
Infographic showing various Senior Credit Risk Review job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 13% Part Time, 3% Contract, and 1% Nights. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $121,823 per year, or $58.6 per hour.

Senior Credit Manager, Mid-Ticket Credit Underwriting

Altius Search Group

Des Plaines, IL • On-site, Remote

$120K - $175K/yr

Full-time

Posted 11 days ago

Job description

Senior Credit Manager, Mid-Ticket Credit Underwriting
Location: Fully Remote
Position Overview
Our client is seeking an experienced Manager of Mid-Ticket Credit Underwriting to lead a team of commercial credit analysts while maintaining responsibility for complex equipment finance underwriting and credit decisions.
This position combines hands-on underwriting with team leadership, coaching, performance management, workflow oversight, quality assurance, and credit policy development. The Manager will serve as a senior credit resource, advise on complex transactions, review appeals and post-approval modifications, present recommendations to the Credit Committee, and partner with Sales to structure transactions that balance growth, customer needs, and risk.
Key Responsibilities
Team Leadership and Development
  • Lead and manage a team of approximately three to six Mid-Ticket Credit Analysts.
  • Establish performance expectations and monitor quality, productivity, consistency and service levels.
  • Coach, mentor and develop analysts through regular feedback, performance reviews and development meetings.
  • Ensure consistent application and understanding of credit policies across the team.
  • Identify training, performance and leadership-development needs.
  • Participate in interviewing, hiring and onboarding new Credit Analysts.
  • Monitor workflow, turnaround times, attendance and overall team activity.
  • Keep senior management informed of team performance and day-to-day activity.
  • Recommend credit policy changes based on underwriting experience and portfolio trends.
  • Ensure credit files and post-funding requests are complete, accurate and processed promptly.

Credit Underwriting and Decisioning
  • Underwrite commercial equipment finance transactions across a wide variety of industries, markets and equipment types.
  • Conduct customer due diligence and prepare credit memoranda, financial analyses, approval notes and presentation materials.
  • Analyze balance sheets, income statements, cash flow statements, business and personal tax returns, interim financial statements and supporting schedules.
  • Evaluate cash flow adequacy, leverage, liquidity, profitability, working capital, debt-service capacity and overall credit risk.
  • Assess key qualitative factors, including the customer's competitive position, operating model, management strength, ownership structure, industry trends and business risks.
  • Evaluate equipment value, market pricing, depreciation, useful life, remarketing considerations and residual risk.
  • Develop appropriate transaction structures, terms, conditions and risk ratings.
  • Present clear and well-supported credit recommendations to the Credit Committee and senior management.
  • Review credit appeals, post-approval modifications and post-funding requests.
  • Decision flow transactions accurately, consistently and within established service expectations.

Cross-Functional Partnership
  • Work closely with Originators to obtain required customer information efficiently.
  • Provide timely updates regarding the underwriting status of each transaction.
  • Partner with Sales to structure transactions that balance credit quality, customer needs, and business objectives.
  • Support Documentation and Funding with nonstandard transaction requirements.
  • Assist Collections with late-payment issues, restructures or modifications involving mid-ticket accounts.
  • Provide formal and informal credit training to Sales and other internal teams.
  • Promote constructive collaboration among Credit, Sales, Operations, Documentation, Funding and Collections.

Qualifications
  • Minimum of 10 years of commercial credit underwriting or risk-management experience.
  • Significant hands-on underwriting experience within the equipment finance industry.
  • Minimum of five years of direct leadership or management experience overseeing commercial credit professionals.
  • Minimum of five years of equipment finance experience involving both new and used equipment.
  • Expert knowledge of commercial credit underwriting, financial analysis, risk assessment and equipment finance.
  • Advanced ability to spread and analyze financial statements, tax returns, interim statements and cash flow.
  • Strong understanding of leverage, liquidity, debt-service coverage, profitability, working capital and financial ratio analysis.
  • Demonstrated ability to coach, mentor and develop high-performing underwriting teams.
  • Sound judgment and decision-making skills involving complex commercial credit situations.
  • Experience underwriting transactions across multiple industries, including transportation, industrial equipment, specialty vehicles, tow and recovery, manufacturing, construction and franchise finance.
  • Excellent written and verbal communication skills, including experience presenting recommendations to the Credit Committee and senior management.
  • Strong organizational, planning and time-management skills.
  • Ability to manage multiple priorities in a fast-paced, high-volume environment.
  • Strong interpersonal skills and the ability to collaborate effectively across departments.
  • Bachelor's degree in Finance, Accounting, Economics, Business or a related field preferred. Equivalent commercial lending or equipment finance experience may be considered.

Core Competencies
  • Ethical conduct and sound judgment
  • Leadership and team development
  • Credit analysis and risk assessment
  • Attention to detail
  • Communication and collaboration
  • Organization and prioritization
  • Initiative and accountability
  • Research and analytical ability

This is an excellent opportunity for an experienced equipment finance credit professional who enjoys remaining actively involved in underwriting while leading and developing a strong team.

Apply